………………….. is the major source of revenue of any business.

Related MCQs

• Any revenue expense for which a separate fund is available will be
• The source document or voucher used for recording entries in Sales Book is
• A purchased goods costing 2,60,000 for joint venture with B. B sold a major part of the goods at cost plus 25% on cost, for 2,50,000. Balance of goods were taken over by B at cost less 10%. Find out profit/loss on Joint Venture.
• Goods taken from business for personal use by the proprietor should be credited to
• A withdrawal of cash from business by the proprietor should be credited to
• Which one of the following is not the feature of a joint venture business?
• Del Credere Commission in consignment business is generally payable on
• “Business unit separate and distinct from the owner of it ”,is based on:
• A withdrawal of cash from the business by the proprietor should be Credited to:
• Interest on drawings is …………………………….. for the business.3